Shlomi Lavi /
Mar 15, 2022
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Bottom Line: Which is Better - Paylocity or PayScale MarketRate?
PayScale MarketRate is more expensive to implement (TCO) than Paylocity, and Paylocity is rated higher (94/100) than PayScale MarketRate (91/100). PayScale MarketRate offers users more features (5) than Paylocity (0).
Looking for the right Human Resources solution for your business? Buyers are primarily concerned about the real total cost of implementation (TCO), the full list of features, vendor reliability, user reviews, and the pros and cons. In this article we compare between the two software products:
Paylocity Vs. PayScale, Inc.
Paylocity: At Paylocity, our mission is to elevate the profession of Payroll and Human Resources out of the back office and into the boardroom where it belongs. We do this by providing clients with the same caliber Cloud software solutions found in other critical areas such as Sales, Finance, and Operations.
One of our primary goals at Paylocity is to ma...
PayScale, Inc.: PayScale MarketRate gives you instant access to current salary data that matches your positions and your company. Eliminate compensation guesswork. Stop overpaying employees. Reduce the risk of losing top performers. Cut HR Costs.
Who is more expensive? Paylocity or PayScale MarketRate?
The real total cost of ownership (TCO) of Human Resources software includes the software license, subscription fees, software training, customizations, hardware (if needed), maintenance and support and other related services. When calculating the TCO, it's important to add all of these ”hidden costs” as well. We prepared a TCO (Total Cost) calculator for Paylocity and PayScale MarketRate.
Paylocity price starts at $5 per employee/month + $500 setup fee , On a scale between 1 to 10 Advanced HR is rated 4, which is lower than the average cost of Human Resources software. PayScale MarketRate price starts at $219 per user/month , When comparing PayScale MarketRate to its competitors, the software is rated 6 - similar to the average Human Resources software cost.
Bottom line: PayScale MarketRate is more expensive than Paylocity.
Which software includes more/better features?
We've compared Paylocity Vs. PayScale MarketRate based on some of the most important and required Human Resources features.
Paylocity: We are still working to collect the list of features for Paylocity.
PayScale MarketRate: Appraisal Performance, Employee Self-Service, HR Management, Payroll, Performance Record.
Target customer size
Customers of the software include small and medium sized businesses as well as large enterprises. Customers of the software include small and medium businesses as well as large enterprises.